Iran Economy News

AFP: Opposition leader Mehdi Karroubi has said Iran's elite Revolutionary Guards back sanctions against Tehran as they make "astronomical profits" from the punitive measures,...

Los Angeles Times: All eyes in Iran are on the bazaar, the nation's traditional marketplaces, where tensions have peaked over a proposed tax hike...

Bloomberg: Iran, the second-largest oil producer in the Middle East, released six supertankers from its fleet of vessels storing crude oil, a 40 percent...

AFP: Hardline Iranian President Mahmoud Ahmadinejad has come under fire from parliament speaker Ali Larijani, a fellow conservative who stood against him when he...

AP: Tehran's powerful merchants don't need street protests to make their anger known — the sound of shops being locked up and metal grates...

Daily Telegraph: Lloyd's of London has warned companies it will not longer insure or reinsure petroleum shipments entering Iran. The Daily...

Reuters: U.S. President Barack Obama signed a law last week imposing tough new sanctions on Iran's banking and energy sectors, hoping to curb Teheran's...

Reuters: New sanctions on Iran are expected to complicate life further for Iranian businesses based in the United Arab Emirates, home to regional trade...